Common use of Authorization to Distribute Certain Materials to Public-Xxxxxx; Security Clearances Clause in Contracts

Authorization to Distribute Certain Materials to Public-Xxxxxx; Security Clearances. (a) If the Borrower does not file this Agreement with the SEC, then the Borrower hereby authorizes the Administrative Agent to distribute the execution version of this Agreement and the Loan Documents to all Lenders, including their Public Side Lender Representatives. The Borrower acknowledges its understanding that Lenders, including their Public Side Lender Representatives, may be trading in securities of the Borrower and its Affiliates while in possession of the Loan Documents. (b) To the extent that any of the executed Loan Documents constitutes at any time material non-public information within the meaning of the Federal and state securities laws after the date hereof, the Borrower agrees that it will promptly make such information publicly available by press release or public filing with the SEC. (c) Notwithstanding anything in this Agreement or any Loan Document to the contrary, no Loan Party or Restricted Subsidiary shall be required to provide or deliver any information, give any notice or permit the Administrative Agent or any Lender or any of their respective representatives to visit and inspect its properties or to examine and make extracts from its books and records, if the Borrower reasonably determines that providing or delivering such information, giving such notice or granting such permission could reasonably be expected to (x) result in the withdrawal, revocation, suspension or other compromise of any security clearance of Holdings or subsidiary of Holdings or any individual employed by or otherwise working for Holdings or any subsidiary of Holdings or (y) result in a violation of any Requirement of Law.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Vectrus, Inc.), Credit Agreement (Vectrus, Inc.), Credit Agreement (Vectrus, Inc.)

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